Hong Kong’s MTR Corp is investing over HK$3b to upgrade signalling systems
The MTR aims to provide a safe, reliable and comfortable railway service for our passengers. The corporation makes continued investments to enhance, renew and maintain its railway assets and infrastructure.
In 2016 alone, over HK$8 billion was invested. The corporation is the first railway operator in the world to have obtained the ISO 55001 certification, which is the world’s highest regarded international standard on asset management.
With continued investment and a vigorous asset management system in place, MTR is able to maintain a world-class on-time train service performance of 99.9 per cent, despite the significant increase in patronage.
We recognise that there has been a number of incidents of longer service delay recently, including the signalling fault on the Kwun Tong Line on August 5. We would like to again apologise to affected passengers. We are deeply concerned about the incident, and an executive review panel is now conducting a thorough review and identifying areas for further improvement.
The corporation is committed to investing HK$3.3 billion to upgrade the signalling system of six railway lines (including the Kwun Tong Line) and also the Airport Express.